Business & Finance Chicago, IL Pop. 2,693,976

Insurance Agent Salary in Chicago, Illinois

The median insurance agent salary in Chicago, IL is $65,382 per year, which is 13.0% above the national median and 11.9% above the Illinois state average.

City Median
$65,382
vs State Avg
+$6,943
vs National
+$7,522
Cost of Living
107%

Insurance Agent Salary in Chicago by Experience

In Chicago, an entry-level insurance agent earns around $36,160, while experienced professionals earn up to $124,300 per year. The local cost of living index is 107% of the national average.

Entry Level (0-2 yrs)
$36,160
+$4,160 vs national
Mid Level (3-7 yrs)
$67,800
+$7,800 vs national
Senior Level (8+ yrs)
$124,300
+$14,300 vs national

Salary Percentiles in Chicago, IL

Percentile Chicago
10th Percentile $33,900
25th Percentile $45,200
Median (50th) $65,382
75th Percentile $92,660
90th Percentile $133,340

Insurance Agent Salary in Other Illinois Cities

How to Become a Insurance Agent in Chicago

Education

Most insurance agent positions require a high school diploma. Chicago and the surrounding Illinois area have institutions offering relevant programs.

Key Skills

SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM

Job Outlook

Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). Demand in Chicago may vary based on local industry and population growth.